Global Hunter Securities

Global Hunter Securities initiated coverage on Cobalt International Energy (NYSE: CIE) with a Buy rating and a $35 price target. Global Hunter Securities commented, "Cobalt International Energy (CIE) has proven to be an exceptional explorer, in our opinion, with large-scale discoveries under its...

Global Hunter Securities raised its rating on Silver Standard Resources (NASDAQ: SSRI) from Accumulate to Buy and increased its price target from $21 to $22. Global Hunter Securities commented, "Silver Standard Resources (SSRI) provided the results of its feasibility study on the Pitarrilla...

Global Hunter Securities reduced its rating on Plains Exploration & Production (NYSE: PXP) from Accumulate to Neutral and reduced its price target $58 to $50 Global Hunter Securities noted, "In one of the more interesting series of developments in US oil and gas in some time, global mining...

Global Hunter Securities initiated coverage on Oasis Petroleum (NYSE: OAS) with a Buy rating and a $43 price target. Global Hunter Securities said, "Oasis Petroleum (OAS) is a Houston-based small-cap E&P focused on developing the unconventional Bakken Shale in the Williston Basin of North...

Global Hunter Securities initiated coverage on Core Laboratories NV (NYSE: CLB) with a Buy rating and a $135 price target. Global Hunter Securities commented, "We are initiating coverage of Core Labs with a Buy rating and $135 price target on the basis of the global oil market's growing reliance...

Global Hunter Securities raised its rating on Atwood Oceanics (NYSE: ATW) from Accumulate to Buy and raised its price target from $54 to $56. Global Hunter Securities noted, "Another quarter has come and gone with ATW again doing an excellent job maintaining rig uptime in the upper echelon of its...

Global Hunter Securities raised its rating on Crosstex Energy LP (NASDAQ: XTEX) from Neutral to Accumulate with a reiterated $16 price target. Global Hunter Securities commented, "We are upgrading our rating to Accumulate (from Neutral)and reiterate our $16 price target on XTEX after Q3 results....

Global Hunter Securities lowered its rating on DryShips (NASDAQ: DRYS) from Buy to Neutral and removed its previous $5 price target. Global Hunter Securities noted, "DryShips, Inc. (DRYS) reported Q3 results below both our expectations and consensus as ORIG incurred significant drilling rig...

Global Hunter Securities reduced its rating on Callon Petroleum (NYSE: CPE) from Buy to Accumulate and reduced its price target from $8 to $6. Global Hunter Securities said, "W[]e're dropping our Buy rating to Accumulate until CPE addresses its current liquidity situation. After Q3's hurricane...

Global Hunter Securities reduced its rating on SandRidge Energy (NYSE: SD) from Buy to Neutral and lowered its price target from $9 to $5. Global Hunter Securities said, "Not only did management announce plans to sell the Central Basin Platform assets, but it also informed the market that oil...

Global Hunter Securities raised its rating on Dril-Quip (NYSE: DRQ) from Neutral to Buy while reducing its price target from $79 to $76. Global Hunter Securities commented, "While margins in Q3:12 were weaker than expected and guidance calls for flat earnings in Q4:12, orders are likely to set...

Global Hunter Securities raised its rating on PetroQuest Energy (NYSE: PQ) from Accumulate to Buy while reducing its price target from $8 to $7. Global Hunter Securities commented, ": Despite reducing our price target to $7 (from $8), we are upgrading our rating on shares of PetroQuest (PQ) to...

Global Hunter Securities reduced its rating on Rex Energy Corporation (NASDAQ: REXX) from Buy to Accumulate with a reiterated $15 price target. Global Hunter Securities commented, "With Marcellus Shale drilling activity staid for the year and limited Utica drilling activity and news flow likely...

Global Hunter Securities reduced its rating on Approach Resources (NASDAQ: AREX) from Buy to Neutral and lowered its price target from $40 to $30. Global Hunter Securities noted, "We're heading to the sidelines with a Neutral rating (from Buy) on AREX until we see evidence that the conclusion of...

Global Hunter Securities raised its rating on Marathon Oil Corporation (NYSE: MRO) from Accumulate to Buy and raised its price target from $35 to $40. Global Hunter Securities said, "We believe the latest Eagle Ford results should go some way toward calming nerves about the quality of MRO's...